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Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Rural Central Elgin
MLS Listing ID X12424574
Style Garden House
Annual Tax Amount $5,087
Tax Year 2025
Property Sub-Type Vacant Land
Property Description
Approved infill development for 8 Townhomes that currently cash flows! Currently 8 Rental Units, sitting on almost one full acre of land in the heart of Port Stanley, Currently rented year round, long term, happy tenants. A rare investment opportunity. Buildings consist of the Main house Rented through Air BNB, open concept, 3 bedroom, gas furnace, central air, large carport. The "Lodge" is a 2 story cement block cottage, open concept main level, 2nd story loft for sleeping with separate entrance. 6 Small homes, one bachelor, and 5 one bedrooms. All 7 detached units are heated by gas space heaters, with own hydro panels and water heaters.. The property also sits on 3 lots 44, 45, 46 that were recently serviced when the Street was redone. Buyer to make own inquiries as to future uses for severances and zoning for this 8 unit, 3 lot, 198,x201.94' property. Financials, measurements and zoning information are available from your Realtor under the documents tab. Being sold in as is where is condition
Location
Province ON
County Elgin
Community Rural Central Elgin
Area Elgin
Body of Water Lake Erie
Rooms
Kitchen 0
Exterior
Waterfront Description WaterfrontCommunity
Lot Frontage 198.0
Lot Depth 201.94
Others
ParcelsYN No
Listed by Howie Schmidt Realty Inc
We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.